Skip to main content

About your Search

English 84
Search Results 0 to 49 of about 84 (some duplicates have been removed)
to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, in the financial times -- to tell little bit more about ben bernanke's , and sister day we turn to david clarke of "politico," their financial services editor. thanks for joining us. guest: thanks for having me. host: what is making the most waves from his speech? guest: in the past he has warned that congress and the president's path to take care of the fiscal cliff. yesterday he said it is not simply doing it but how they
is a prolific and wonderful leader. host: thank you so much for joining us today. that is our show for the "washington journal." we will take you now live to the house floor. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] chaplain, father conroy. chaplain conroy: let us pray. eternal god, we give you thanks for giving us another day. we come to the end of a week during which some members of this people's house have come to complete their service in the congress and others have come to prepare for their opportunity to serve this great nation. it is a time of tremendous transition, a time thought with trendation and some uncertainty. send your spirit of peace and calm, let all might have confidence in your faithfulness to us and no matter what lies ahead, your grace is abundantly available. now we approach a week during which all americans will regather to remember who we are , a nation generously blessed not only by you, our god, but by courageous ancestors, faithful allies and the best good wishes of people everywher
you do instead of dealing with the policy issues. we have have a very distinguished member with us, a good friend of all of us, someone who deals seriously with policy issues and is joined us today and that would be january from illinois. >> also i think today of most significance i believe is my role on the intelligence committee. all of us were given a briefing based on emerging information from the intelligence committee . susan rice, i do -- susan rice went on television based on the information that was available at the time and the briefing that she was given information and intelligence that she had no part in collecting. the kind of statement that is anyone who had been given those briefings would have made in public. obviously, this was on an unclassified buys sis but she was given information that she had that has subsequently been updated. it was not wrong or deliberately misleading in any way. there had been the belief that there had been a protest that developed into this attack. so susan rice as the president very clearly said, if anyone has a problem with the intelli
here. the u.s. allegatielections and redskins lost. >> we will mention the redskins indicator, but it's true whether the u.s., china, greece, eurozone itself would make for a big week, but combine them all together, in fact it's no wonder that markets are a little unnerved. >> coming up today, plenty to get through. we're at singapore where hundyui shares are down. >> and here in london, uk pmi data will be out. the question whether it will follow an upward trend. >> and china preparing for the once in a decade political handover. we'll take a lower look at the new leadership. >> when the redskins win or lose, it has predicted the top winner since 1980. there has been a notable expossession of 1984. >> although gore did win the popular vote but not the electoral college. >> in 2000. >> that's right. >> the all-important football -- i should say american football indicator here. it points towards a romney victory. >> besides all that, plenty corporate news. hsbcs has set aside an additional $800 million in the third quarter to deal with the u.s. anti-money laundering probe. that brings
: it is a busy news morning. the u.s. is officially getting involved in the mideast fighting. secretary of state hillary clinton is en route to meet with prime minister benjamin netanyahu as the u.s. embassy attacked this morning. we have leland on the ground. we'll go to washington with the latest details on secretary clinton's mission. >> good morning. israel and terrorist leaders of gaza exchange fire president obama is dispatching secretary clinton to the middle east it is a hastedly arranged departure from cambodia where she is involved in the ongoing summit. she plans to visit israel and ramallah and egypt because u.s. considers hamas a terrorist consideration and prohibits contact it is relying on egypt and turk yeqatar to deliver its message to the hamas leadership. >> on the trip secretary clinton will emphasize the united states interest in a peaceful out come that protects and enhances israel's security and outcome to lead to improved relations to the civilians in gaza and reopen the path for israelies and palestinians so they can live in peace and security. >> some doubt secretary cl
excellent idea. unfortunately, only one-third of that is going to be used. so $200 million is going to go unspent that can go out and serve unserved america today. the same issue will be in front of us in 2013. that's what windstream's waiver is all about, is there other ways to think about this other than setting the 775 limit. and beyond that i think getting on to the model that we need going forward for universal service funding. the industry, the usta has put forth a model, but the fcc has to come up with their own model which will drive caf ii is what we're calling it, the connect america fund 2, so that's where the biggest bang for the buck will be in our business. because remember, as we looked at these more than minor changes in the financials of the telephone companies across the country, it was so important that we do these two things coincidentally. we kind of got a little bit out of sync. we've gotten one done very effectively, efficiently and fast. it's happen realtime, it's showing up in the numbers today, we've just got to work this usf thing out x it's about the cons
, decline in manufacturing eased a little bit more than expected in november. joining us, chief european economist. ricar ricardo, thanks for joining us. so still a negative territory. what does this point to in terms of the economic decline for the fourth quarter? >> i think it's in line with the idea that real sgchlt dp will decline by at least 0.2%, possibly 0.3%. it will give us a negative entry point in 2013 when i expect an average growth of minus 0.2%. so still moderately recession territory. >> the german flash composite pmi 47.9, services 48, manufacturing 46.8, is germany -- we just saw the 0.2% print. is girl aermany going to have a negative contract? >> i'm looking for a contraction of minus 0.2. so only aed modest one. i expect activity will stabilize in q1 of next year, but obviously that requires a favorable external environment, meaning u.s. not going into this deep due to the fiscal cliff. and also signs of improvement in asia. >> meanwhile the french pmi says the survey there suggests a 0.7% gdp drop in quarter 4 for france. >> that seems quite large. we've seen in rece
us a lot about the state of the consumer and the u.s. economy today. so we're turning to one of the most seasoned and respected voices on wall street for help. we have dana telsey. she is our guest host for the next three hours. andrew, i'll send it over to you. >> we begin with a visit to toyland and here is toys r us. it opened its doors at 8:00 last night. and we have toys r us ceo joining us right now from the company's flagship store in times square. good morning. >> good morning. >> so i read a report you you had a big line. what's it been like all evening? >> it's been great. we did have a big line. we're at 44th and broadway.line went all the the way to 45th street and then down 45th all the way to 6th avenue. it was huge. people came in in a real celebratory mood. people ate ice cream, relaxed with their kids. i've never seen a black friday like this before, but 8:00 hour worked really well for families. >> let's talk about sales. how did it go overnight? >> we're just starting. this is 5:00 a.m. on black friday morning. we're really just starting. we have about a b.
to point that out. >> we'll consider him the leading edge. >> thank you for joining us. thank you. everybody else, enjoy the rest of your weekend. we'll see you back here on monday. "squawk on the street" begins right now. ♪ have a holly jolly christmas it's the best time of the year ♪ ♪ i don't know if there will be snow but have a cup of cheer ♪ ♪ have a holly jolly christmas ♪ and when you walk down the street ♪ >> bargain hunters starting to hit the malls across the country rushing to get in and get a jump on the holiday shopping season. will it be the strong start retailers are counting on? welcome to "squawk on the street" this day after thanksgiving. hope you had a great holiday. i'm melissa lee along with brian sullivan a sulliv sullivan. let's look at how we're up for this abbreviated session. this is historical tendency in terms of the period between thanksgiving and december 3rd. most of the time we are higher in the markets and we're seeing that play out so far in future. look at the picture in europe. a surprise increase in german business confidence the
. u.s. equity futures should be interesting to look at temperature basically on hold. not sure what to do after yesterday. we'll talk more about the economy in a minute with david rosenburg. it was pretty clear yesterday that depending on how you wanted to spin it, could you say how do you do for another four years. i don't remember any euro news in the last six months no matter how bad it was, we didn't get it free handle. so there's more to it than just europe. >> it was the fiscal cliff, but also the financials got hit so hard. if it had been romney, the cliff would be less of a deal because they would stepped all of them. so now we know and we lettered it first hand yesterday. boehner said we're open to tax increase, but part of a bigger plan that involves spending cuts. dove did a bungee -- >> worst thing i ever did. >> but it goes down and then right back up. >> the worst part is you feel like you're connected on something, but don't. it's a free fall until the very he said and then he start to feel like i'm connected to something and it throws being back into the air. >> my q
adp employment report. mark zandi will deliver the report to us first on cnbc. let's get over to andrew with more of today's top stories. >> joe, i think actually we're going to go and talk to mary thompson. as new jersey begins to recover, gas lines are growing. mary thompson is on the new jersey turnpike this morning. mary, good to see you. but there's been a lot of lines and a lot of people talking about this. >> reporter: yeah, very frustrating situation. take a look behind me, you can see the line at the vince lombardi station. and what you can't see is that it stretches down just about a half a mile to the entrance to this rest stop. our cameraman waited in line to get gasoline, he said it took him about 25 minutes. and brian sullivan drove past it yesterday and said the line was at least 200 cars deep. similar scenes like there are being played out all over new jersey as well as long island. residents driving across state lines to find gas, others expressing increasing frustration with the situation. >> impossible. can't get it. and we have no lights on, so i have to ge
fulfilling the commitment to us. of course, our thoughts and prayers are with you, governor, and your family. he is a governor dedicated to his people, to the rule of law, and to the future of the united states of america, and we're very pleased and honored to have him here with us today, governor rick scott. [applause] >> good morning. thank you for the introduction. the -- it's great to be here, i want to introduce you to a couple people. this is my wife, ann, married since we were 19 years old. we've been very fortunate. [applause] she makes sure if i say anything, she corrects it, he didn't really say that. she does communications. [applause] [laughter] and then my general council, and he's done a great job. [applause] so ten days after a long and con contentious presidential election, it seems our whole political system has become a constant campaign. one election barely seems to end before in the middle of another one. there is virtually no breaking in between. that leaves us tiredded and a little aggravated. a break is especially important in between elections because elections are ab
in the southwest, been in the u.s. since the was basically took half of mexico. and the new latino population which is foreign-born, 40% foreign-born, and the rest of the children of immigrants. very conservative. i know when asked about government they may give answers that are not extraordinary, but sometimes we get tangled, caught up with polls. resort have seen in this election cycle. and i think with latinos we cite polling with specific issues but is that a better understanding of where they're coming from you will get an understanding of why they're answering the questions that way. but i believe with the latino community, we lost the latino vote because of immigration. if we would have a better position on immigration, from the get-go, from the primary governor romney would've been competitive and it would've been competitive in those battleground states where the latino vote was decisive. and, finally, we have to stop being rockefeller republicans. we are not the party of the 47%. you know, when governor romney said what he did last week that obama won because it gives to latinos and other
. >>> welcome back. and a special welcome to viewers in the u.s. joining us this morning. let's take a look at the market open. we had the u.s. returning to business after the two day close after sandy, but the reaction was fairly muted. european investors as they watch the action on on wall street, but also this occurred on average volumes taking place on wall street. let's take a look at some of the appetite. a wish washy open. this is the start of a brand new trading month. and if you look over the course of the last five months, it's been a fairly decent performance for european markets. up almost 13% despite all the macroeconomic headwinds that we face. let's show you what's happening on on the open. lots happening in the oil and gas sector. we had numbers also out from the resources sector. but the overall tone in oil and gas is negative. there is some gray on the charts to report. retail autos tracking higher, household goods. and lloyds here in the uk has been reporting, as well. and there's been a very strong response to its numbers popping up more than 5% on the open
year. courtney reagan's been tracking the numbers and she will join us with the details. also veteran retail analyst dana telsey will join us with her take. and coming up at 6:40, com score gives us a forecast for cyber monday sales. we of course continue to watch the fiscal cliff count down. lawmakers have been trying to convince the naub they are willing to compromise. they return to capitol hill today. >> everything should be on the table. >> bring entitlement reform into the conversation. >> a group of corporate executives are calling on congress to rise above partisan politics to try to find some sort of a solution. we have a lot to talk about with gleg brown and we'll start that in just a moment, but first over to andrew. >>> finance ministers are trying to unfreeze the second bailout package for greece, but first they must agree on how to cut massive debt to a more sustainable level. we'll head to london for details on that. and playing down a deal talk, tom joyce saying his country's currently if talks with at least two firms on a possible sale of its largest business unit. bu
february, which is pertinent because he made an important point. he said, maybe you can even use the word. the arab spring will come to china? i think we should be quite self-confident, not overconfident, but i think we have a sustainable model and then much less certain that china has at this point a truly sustainable model. so that's not really my worry from a european point of view. my worry is a different worry. i worry as we look at these global challenges that paula mentioned from terrorism to piracy to proliferation, it better, et cetera, our ability to create and maintain a functioning system of global government -- governance appears to have declined. our ability to have a working system of global governance. when i look at what's going on this area, to u.n. security council is dysfunctional, not working, not capable of coming to a conclusion. the g20 has not fulfilled, at least not according to me, the expectations we had when this larger body was created. in other words, from a european point of view, you need to worry about the fact that europe will have obviously a smaller po
secretary. home prices keep climbing. your professor will tell us if that streak can continue. connell: at the top of the hour, stocks now. good morning. it is nicole petallides on the floor of the new york stock exchange. nicole: good morning, dagen and connell. a big piece of news here. this is obviously a big deal. ninety dollars a share. you can see how the stocks are faring. this will create the second largest package food company. you can see the upside. conagra is up about 4% there. obviously, big news on that. the dow today down 41 points. he regained 3.3%. today we have come under pressure. the s&p and nasdaq also down. there is a loss of about 40 points. yesterday we lost about 42 points. short-term pullback is pulled back. dagen: thank you. if congress is unable to prevent the fiscal cliff, our lawmakers could send the entire world economy into a recession. steve moore is here, senior economics writer at the "wall street journal." he joins us now from washington, d.c. will they prevent it, steve? >> the good news is, no one should ever listen to what they say. but, you know,
installment knocked them dead at the box office over the weekend and sold tickets. >> to help us find fast money special guest is in town. let's get to it. "fast money" starts right now. >>> live from the nasdaq market site i am melissa lee. here are the top three trades. the s&p 500 is close behind. should you be buying this dip? what some of the biggest hedgefund dealers are doing to make money. black friday is so yesterday. how retailers are trying to cash in and how you should be trading it right now. we have to get straight to america's most valuable company and that is apple shares falling yet again today. it is not just cnbc taking notice. michael wolf asks whether the age of apple is ending? is this the ultimate contrarien indicator. he says the tip is knowing that a dominant is tracking before the oedipus falls. >> in other words in someone's portfolio rather than their business. this is one of the most crowded strads that we have seen. it's not a valuation call. it's not a growth call. these things are still there. this is a case where the dominance in terms of the playing field
today. also, the ceo of mellon will be joining us to talk about the markets. as we've been talking about, the biggest issue for the markets right now seems to be the uncertainty surrounding the fiscal cliff. yesterday business leaders urged president obama and lawmakers to prevent a year end across board tax rise that will go into act unless congress acts. >> he understands it requires a combination of tax increases and title refor and discretionary spending cuts that dnl democrats and republicans have to work together. i'm is sure there will be a lot of forth and back between republicans and democrats, the congress and the president as they start to work their way to a deal. but i'd say there's strong recognition of the significant of getting a deal for the ben fft t benefit of the american public. >> this is all about trying to make american business more competitive, trying to have a fair balanced approach to tax refo reform. the president was clear he wants a balanced approach and we were clear we are behind him. >> top the president and top member of congress will be meeting. cnbc i
forces claiming to have targeted 100 gaza sites. the u.s. secretary of state hillary clinton is on her way to the middle east for talks with officials in a bid to try to end the deadly crisis. we've been watching oil prices, as well. and after sharp gains yesterday, you can see oil prices pulling back about 27 cents, still just about $89 for wti crude. we will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. >>> let's talk about some of the main market events of the morning. actually today fed chairman ben bernanke's speech at the economics sclub of new york is coming up at 12:15 eastern time. traders will be listening no any comments on the central bank's operation twist program and discussions about changing how the fed communicates about interest rates. operation twist expires next month. and there is some speculation the fed will continue making asset purchases by expanding the size of its $40 billion a month quantitate of it easing program. also on the economic agenda today, october housing starts released at 8:30 a.m. an
. for more information visit >> tell us when you think of your programming this weekend. comment on our facebook call or send us an e-mail. nonfiction books every weekend on c-span2. >> next, chrystia freeland talked about a rise of the superrich, the.-- the top of the population and the impact they have in the world. this is hosted by politics and prose bookstore in washington d.c. and it is about an hour. [applause] >> thanks a lot. sorry to keep everyone waiting. i will say a few things about what is in the book. as i have been doing some interviews with my book, a favored way of interviewers in the conversation is to save the rich have always been with us after all. actually, that is not true. one of the points, the starting point of my book is to say actually things are different now. we really need to be aware of this new political and economic reality that incoming quality has grown hugely in the united states and the industrialized world and around the world and a lot of the action is at the very top -- is that better? i am so short i have to
together. it is sort of saying this silver lining is in sight and that gave us a boost here on wall street. 12,471. our heart of the day was 12,602. not far off from yesterday's. you are seeing some financials here. they are trying to move along. jpmorgan was in the red earlier today. bank of america. some of the financials are still in the red. citigroup, goldman sachs, case-by-case. it is not a blanket of of arrows across the board. it still remains. it is something they have to contend with sooner than later. melissa: breaking news right now. the fire is now out at the offshore oil platform. that is in the gulf of mexico. there was an explosion just after 9:00 a.m. eastern. it was about 20 miles off the coast of louisiana. at this time, the coast guard, look at that, the coast guard cannot confirm any deaths. two people are missing and nine people have been flown to local hospitals. we will bring you the very latest just as soon as we learn it. lori: bp is so fresh in everyone's memory still. president obama meeting with congressional leaders. it is all we are talking about these days.
your money is? welcome to the "closing bell." bill griffeth rejoins us in a moment. here's how we're shaping up at end of the day. the dow jones industrial falling by 88 points. pretty much the lows of the session. 12,879, matching what we saw when harry reid began making comments about an hour and a half ago. the nasdaq lower by nearly nine points. the s&p lower by seven points. 1399, just below the 1400 level. why the late-day selloff? most on the street blaming these words out of washington about fiscal cliff. >> there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. so we have to get away from the happy talk and start talking about specific things. >> as we head into the fiscal cliff negotiations, my advice to the president would be seems like our friends on the other side are having some difficulty turning off the campaign. we need to sit down and work this matter out. >> behind closed doors. even with the fiscal cliff looming over the marke
the happy moment last week after the press conference before thanksgiving where political leaders use what the challenge was ahead of them and they were going to address the fiscal cliff. now we're getting the pasturing. senator reid's comments today. the market drops immediately. this headline risk the market is going to suffer from every day until they get to that deal. >> steven, when you look at the retail sales figures over the week, black friday we had up 28% on monday for cyber monday. that would seem to suggest as michelle said that consumers are not too worried about much, including the fiscal cliff. yet, the market has this kind of a selloff when we get words out of washington today. what do you make of this? who's right on the fiscal cliff right now? >> well, i think that -- >> steven gilfoil. >> the consumer isn't paying that much attention to this. the regular american doesn't watch the financial news. he isn't reading the kinds of papers we read. and he's less concerned with this. >> should they be? >> they probably should be, but investors are more concerned with corporate n
. you have been quoted as saying that there are very likely as many or more spies working against u.s. interests inside the u.s. during the cold war, which was a head snapping quote when i read it. who are these people and what are they after? >> i don't know that. i've been on the government for six years, but if you look at the value of intelligence, importance of intelligence in the expenditures of resources by china, by russia, but others and look for them is one of the biggest is. well it's the u.s. not only national security secrets, the commercial seats as be of much of can be gleaned or stolen from cyberspace. it is a dire threat in part because we shifted so much attention, so much resource and the counterterrorism arena we've forgotten the necessity of old-fashioned counterintelligence and that's an important element of this. >> often i've heard some people involved in counterintelligence tends to be seen as the redheaded stepchild of the intelligence world. why is that when we need it and what is the cure for a? effect in part because it's something we don't want to think a
cartoon. birth to death. corrupting us and the immigrants and got to stop it >> rick, it is it a land of opportunity and hand outs. >> no one is handing it out. >> yes, they are. nit is just information that is available. same example -- information that shows up. anybody here in the table mitt romney, his father when he came here from mexico. he got that exact kind of government aid and he turned out to be president of one of the nation's biggest autocompanis and became governor of the state of the michigan. >> my dear friend rick unger has to be brought up to date. he didn't get them. it is supplement security income and that is it free money from the government. this is in addition to medicaid and to food stamps it is a $1,000 a month you get. it is it a lot of new stuff. this by the way was started under richard nixon and meant for blind and handicapped people. and i have to be kind to my friend rick since he beat me out of a starbucks coffee. but that said, we have become dependent on government. $3900 20 years ago was the average entitlement spending per person and adjusted for
for joining us. i will see you on fox business. week days and the big noon show. i will be there have a great weekend. is egypt headed for a muslim brother take over. that is the fears of morsi crashing in streets of cairo. today's protest are not that high emotions remain raw in prepation of morsi. top judges are calling itun precedent they are calling morsi the modern day favor and fearing that he would be a dictator. i am uma live in washington. america's news head quarters starts right now. in response to the opposition in the streets was cairo. the muslim brotherhood is calling for a protest in cairo. they are joining with the latest on the developing story. steve. uma right now we are looking at what could be a show down between morsi and the country's judges here in cairo and others in the country. they say they will sphop work until the new president repeals his thursday decree that gave him the power to issue laws without oversight ask chance of them being over turned by the courts. the judges say he's trying to put himself above the law. it will be interesting to see whether all leg
us tomorrow. "squawk on the street" begins right now. >> markets waking up to the first full day of business after yesterday's holiday and the news flows back in full swing. good morning. welcome to "squawk on the street." i'm carl quintanilla along with melissa lee, jim cramer, david faber live at the new york stock exchange. futures in the red on cautious commentary from some retailers. management shake-up at microsoft and weak german business sentiment and this prolonged spat between the eu and imf over how to reduce greek debt. a beat and raise for the quarter for home depot. >> the man in charge of whippedos eat leaves microsoft just weeks after the product launches. >> jcpenney hits new lows. investors have to recognize that jcp is really two companies. we'll hear what he told becky, andrew and joe. >> lockup of all facebook shares tomorrow. >> first up, shares of home depot rising in free market pchlt home improvement retailer earned 75% a share in the quarter. that beat estimates. home depot raising full-year guidance citing signs of recovery in if the housing market. jim
markets closing at 1:00 p.m. eastern on friday. take a look at the u.s. equity futures. the dow is down by about 3 points. the s&p 500 is off by four. the nasdaq down by about 12. because of tomorrow's holiday, you do have the labor department coming out, releasing its weekly jobless claims numbers today. we get them a day early instead of a day late. also today we'll be getting weekly mortgage rates. and freddie mac will report on the weekly mortgage rate averages as well. >> let's talk about the top global market story this morning. it is greece's international lenders, which did not reach a deal, and now they won't be releasing that next bailout payment. nearly 12 hours of talks failed to reach a consensus. the imf and the central bank all going to gather again on monday to try again, but this is not necessarily good news at all. hostess brands will proceed with a plan to go out of business. the maker of twinkies says last-minute talks with the striking workers broke down yesterday, hearing with a bankruptcy judge set for 11:00 eastern time. then we have another string of bad news. >
in staten island. most of the northeast are used to this and equipped, but hurricane hurricane sandy is making it difficult . debris from sandy is evident. cars on top of one another . boats in the sides of commome covered in no and along the streets debris as well which is another issue. folks don't know what is under it. twisted metal and nails and boards. here's what residents are dealing with. >> it is insane. 10 days now and now shoveling snow. >> you still don't have power? >> no power, no gas, no nothing. >> early this morning, 293,000 homes and businesses in new york state without power and 403,000 in new jersey . s cancelled 1300 flights out of the metropolitan area and some mandatory evacuations were put in place. new york mayor bloomburg didn't choose to do so . people deciding to stay with their belongings for fear of looting . we are getting some reports, that new york governor andrew cuomo fired his emergency management director for diverting a crew for coming to his own driveway to pick up a tree. good news for folks in this region. they are happy to hear this. tempera
who mentioned this to me as us going out the door last night, we had three major house special elections over the last couple of years. one in pennsylvania, mark critz one that when. one in new york when chris lee, he is sending videos or photographs of his shortlist top left office in upstate new york, was replaced by the democrat kathy hogle. and the third, when arizona seat open up after congressman giffords stepped down after the horrible shooting. she was replaced by congressman barber. the democrats won all three of those special elections, and each and every case they said they won because of medicare. did somebody say medicare? at what was, medicare. and then what the democrats had was, and we're going to use that as a template for winning in the twinkling election. didn't work at the congressional -- 2012 election. women look at the exit polls and we see why people voted and how they voted, sometimes it's not so civil. the exit polls have some very strange results. i'll get into a couple of these. is the country had in the right direction or sears off on the wrong trac
substantial revenues. those in revenues me to come from those who can afford it -- the wealthiest among us. as demonstrated in his plan you heard him talk about during his campaign. the clinton error rates in place in the 1990's far from hindering economic growth or part of an economic approach past 1993 that led to the longest peacetime expansion in our lifetimes that led to the creation of more than 23 million jobs. it also led to the creation of thousands of millionaires to boot. there are different ways to approach this. the president will not sign a bill that extends the bush era tax cuts for the wealthiest americans. it is not good policy. >> even if the wealthiest and the pay more in taxes? >> you are dealing with hypothetical about plans that do not exist. the president will not sign a bill that extends tax cuts for the top 2%. he has lon supportg and proposed tax reform both individual and corporate. he believes that is important. he was clear during the campaign and has been clear in other thing we knowe about the clinton era rates for the top earners is that they were effective
a momentous decision this morning from the u.s. supreme court. jenna: we'll con continue to watch that story a fox news alert. we're awaiting the outcome of a very pivotal meeting that could potentially ease the crisis in egypt or push that country into further chaos. that is one of our big stories. we're glad you're with us. i'm jenna lee. jon:. i'm jon scott. the first elected leader, president mohammed morsi expected to come face-to-face with senior judges in egypt who say his power grab has gone too far. there are indications that the both side are trying to find some middle ground. morsi's maneuver unleased a rage of protests that continues to rage across the country. meanwhile the u.s. embassy in cairo says there are sporadic clashes between protesters and police near its entrance. we're told some rocks landed inside the walls of that huge compound. embassy officials say there is no indication they are the target. egypt wields enormous influence in the middle east peac process. that power demonstrated by brokering the cease-fire between is rainfall and hamas. steve care began streaming
don't like the economic outlook in europe. china's going to help us in the very, very near term after the change is announced and after that it's back to same-old, same old and i'm staying to the sidelines for the most part. >> joe teranova? >> i'm waiting if d.c. policymakers will change my mind, what am i looking at? i want to look at apple. obviously an cell very compelling to me, down to 5.30, 5.40 and technologies should have gotten a lift. i also think the financials should have gotten much more of a uplift and i'm long goldman sachs and i wanted to add to goldman sachs and didn't do so. i don't like the price action and the performance. the market today after the significant sell-off that it had yesterday should be rebounding and it's not, and it's problematic and the 200-day moving average at 1980. >> josh brown, are you hiding in the corner like these guys? >> i don't hide. i agree with them, though. well, look, here's the point. so we've recognized this underlying deterioration and fundamentals in economic outlook for month, but the market didn't seem to care so we were happ
restored to the island of manhattan. >> not only that people are using cars more and more to get around because of the public transport limit people with generators need gas line to run them. >> wait until you hear the one on the distraught. i'm going to cancel. it just seems like a bad idea in terms of you drink a little too much. i'm not a big gasoline and fiber. >> and monster drinks are about as far as i'm willing to go on that front, as far as box drinks. >> there's an awful lot of cane in new orleans. >> jim just broke, for a minute it was exclusive. phil jones us talking about mall mali staying at ford. >> we're listening to the conference call where mallalay and -- one thing to keep in mind that's very important is that he did not want to just lead ford because this is a company that has a long and really a bad track record when it comes to ceo succession. he looks at his tenure, the beginning fixing the company, the middle running it as it is now. and then the transition into the next ceo. and that's really the best way to look at this. he wants to make sure that that transitio
of the u.s. economy. it's tuesday, november 6th, election day, 2012. "squawk box" begins right now. >>> good morning. welcome to "squawk box." i'm becky quick along with joe kernen and andrew ross sorkin and the polls are opening in various parts of the east coast as we speak. some 30 million americans have already voted, including the folks in the tiny village of dixville notch. this follows tradition, they voted just after midnight and with the lowest turnout in almost 50 years, this time around it was a tie. five votes for president obama, five for governor romney. back in 2008, president obama defeated john mccain 16-5. let's take a look at the map. 270 electoral votes are needed to win. nbc news now shows president obama with 237 likely. romney 206. and 95 in the toss-up column, so it is going to be a very long evening, andrew. >> i think we'll be staying up pretty late and then we'll be back at it tomorrow morning. but cnbc's team of reporters has the country covered this morning. stationed in battleground states, campaign headquarters and here at election central. among our
% in the last year. we have cnbc tech reporter jon fortt will join us in a little whirl with more on the story at 7:00. and the new york stock exchange anticipate as normal session today after trading in more than 200 stocks were suspended yesterday due to a technical problem with a server. stocks in question continued trading in other markets. and a little goldman sachs news. they will reportedly tap the smallest nuch executives in more than a decade to join it highly coveted partnership ranks. goldman exacted to announce the promotion of only about 70 employees to partner. roughly one third less than knows named back in 2010. >> did your buddy make it? i have to explain as -- greg smith didn't make it? >> no, he did not. >> are you sure he wasn't on the list? >> he was not on the list. i think that's one of the reasons he ended up writing that book. i believe he made have made more money writing that book than some partners made this year. >> you checked, he is definitely on the -- >> pretty confident he's not. best headline of the day goes to the daily news. in the line of booty. i didn't g
'm preparing for a storm surge of some sort. what happened to the other guy who used to host? >> the other guy, i think, is doing okay. as far as my death, destruction and devastation forecast, i think they'll be back very soon. anchor guy bri, you'll be just fine. no need to be nervous. "morning joe" starts right now. ♪ ♪ it's the most wonderful time of the year ♪ >>> good morning. it's thursday, november 29th. with us here on set, look at the tree all lit up. beautiful. lights went on last night right outside our building here at 30 rock. joining us this morning, the chairman of deutsche inc., donny deutsch, former treasury official and "morning joe" economic analyst steve rattner, political analyst and former chairman of the rnc, michael steele, in washington anchor for bbc "world news america," katty kay. >> "way too early" with bill karins. >> i'm going to say it again, a star was born. >> don't you think? >> i mean, just elegant, on the money. >> yes. >> glib in the right kind of way, gravitas, all there. >> i love it. >> awake. >> awake. >> that's always helpful. >> the guy who us
territory. >> the head of mcdonald's u.s. business is out and jeff stratton will assume that business starting january 1. capped off last month with the first decline in monthly sales in about nine years. we'll begin with a teale of two retailers. walmart, revenues coming in short of forecast. -- as for target, the company posted third quarter earnings well above estimates, says it's poised for a strong fourth quarter, but walmart has some issues here, jim. they're talking countries including but not limited to brazil, china and some others too. >> yeah, i was thinking it bick, not brick. russia has been left out of the equation, foreign corrupt investigation, not a great number here at all. the stock had become a very big institutional favorite. if you recall during the mexican investigation, when "new york times" piece it, the stock was trading between 57 and 58. they were then overridden by a couple of really good, solid quarters. this was not the quarter that anyone was looking for. >> except for those who sold the stock over the last couple of weeks. i mean that stock has started
for government to set the context and not just focus on fiscal issue and talent and entrepreneurship. >> join us tomorrow. "squawk on the street" begins right now. ♪ let's do it ♪ >> a holiday shortened week but no lack of news heading into black friday. welcome to "squawk on the street." i'm carl quintanilla with melissa lee, jim faber, jim cramer at the new york stock exchange. a rally on our hands. whether that's about continued reaction to the meeting between the white house and congressional leaders on friday, maybe some hopes about finance ministers in april or hopes about what bernanke may say say tomorrow in new york. europe also on a tear. most of the major averages up 1% to 2% here as we await a big week in europe as well. we start with the markets. new optimism about the cliff. president obama in myanmar saying he's confident the fiscal situation will be dealt with hours after he hit the phones calling top ceos. >> lowe's shares on better than expected earnings. the results renewing hopes this morning about the housing recovery. >> international pressure mounts for israel and gaza
after all here today have. forgotten. fate looked down kindly on us when she chose neil to be the first to venture to another world. to have the opportunity to look back from space at the beauty of our own. it could have been another.ow it wasn't. it wasn't for a reason. no one, no one, but no one could have accepted the responsibility of his remarkable accomplishment with more dignity and more grace than neil armstrong. he embodied all that is good and all that is great about america. >>> more from the memorial service for neil armstrong thanksgiving day on c-span at 10 oom eastern and just before 11:30, a behind the scenes look at life as a teenager in the white house with susan ford baal and lyndon johnson rob, and after one, how scientists use game skills and theories to solve world problems. >>> a conversation with president obama's biographers after his re-election. hear from journalists ron suskind, author of "the confidence men: wall street, washington, and the education of a president." the atlantic, aspen institute, and the newseum hosted the forum. >> we have one titled "why
creation? >> well, from a corporate standpoint, yes, maria, because most u.s. corporations are sitting on cash. as you saw profit margins hitting all-time highs. they're clearly not hiring a lot. at the end of the day, this whole economy and the stock market is about jobs. the market could be up even more if we start to see some job creation, but we can't be bidding stocks higher unless we start to see some in flows from our private client friends, who by the way, don't buy bond funds. we still think there's a lot of work to do on the investment side in terms of building further fundamental clarity with respect to the option of buying equities versus selling them. >> so you're not jumping on this bandwagon today, this rally we're seeing here? >> no, for one thing, we are just relieved that all of this election stuff is over. that's number one. number two, let's get back to the business of america and stocks going up in america as an asset looking very well on a longer term perspective. however, on a near-term basis, the market in our belief is well ahead of historical norms in terms of
this morning's top stories. >>> good morning. we have a big day ahead of us. and the fiscal cliff conversation begins today. president obama will be making a statement on the economy. he'll speak from the east room of the white house at 1:05 eastern time. you can of course catch all of it right here on cnbc. john boehner is also scheduled to hold a you news conference today, as well. st. louis fed president james bullard is saying the u.s. economy is strengthening. but he's cautioning that leaders must tackle the looming fiscal cliff. a conversation we can't get away from. speaking in missouri yesterday, bullard also says he doubts the central bank will extend a bond maturity extension program that expires at the end of the year. bullard is not currently a voting member, but he will ebb in 2013. and china's national congress continues with new leaders for the communist party set to be named later this morning. today a rising star said the party is moving towards requiring officials to their their assets. so an interesting piece in the chinese business press this morning. >> we have been talkin
on the attack using a drone to take out their equivalent of saddam hussein . hamas is retaliating big time. >> steve: the president has a message for people going after ambassador susan rice for her five-time benghazi flop. >> if senator graham and mccain and others want to go after somebody they should go after me. >> steve: that's fine with the senators. >> brian: the energy drink you are about to jug could kill you. why they give me this read. deadly pick me ups. i am on hour one. keep your fingers crossed. "fox and friends" starts right now. ♪ ♪ "fox and friends". >> gretchen: breaking news this morning, "fox and friends" alert overnight. israeli and drones hitting dozens of targets against the militants in the gaza trip this after a missile strike kill would a hamas chief . joining us on the out skirts of israel. >> israel hamas said opened the gates of hell. that's what they have experienced. hundred rockets here in southern israel including ashos. israel deployed iron dome missile defense and blows up the 25 missiles . we found out today it is far from perfect. we have more miss
to this report. shell has not yet responded, but a chevron spokesperson told us she will review the information in the report, and prepare a response and get pack later on this morning. now, the new research will be presented to lawmakers during a state senate committee hearing on bay area transportation. that happens at 10:00 this morning here in san francisco. the chair that have committee, again hope the hearings will result in what he refers to as more direct overitem of refineries moving forward. >>> we have developing news, a woman driver facing several charges in san francisco, after a wild police chase that left behind several crashes, and injuries. you can see the damage that just happened hours ago. >> reporter: they are trying to fix the damage, they are trying to help put this traffic light back in service, because this is a very busy intersection. and as the morning progresses, more traffic coming through. these traffic lights are not working, and here's why. take a look. we pan to the left, you can see the mess left behind. this is where the collision ended. you can actually see p
for being here today. it's been a pleasure. ed, don, we'll have you both back soon. that does it for us today. join us tomorrow. right now it's time for "squawk on the street." >>> good tuesday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber live at the new york stock exchange. melissa is off. the latest s&p case-shiller report has been released. results at the bottom of your screen. we'll go inside those numbers in about 15 minutes from now. >>> futures here marking sometime ahead of data later this morning. we have a mild rally in europe after the greek bailout deal does get done after the third round of talks right now it looks like london and paris are in the green as is frankfurt. our road map starts in omaha where conagra is buying ralcorp. a deal worth 6.8 billion including debt makes it the largest private label food manufacturer. has it lit a fire under m & a? >> don't come in with a negative attitude when i'm positive. >> we want to talk about the wave of special dividends. it continues. this time las vegas sands and dillard's, nea
Search Results 0 to 49 of about 84 (some duplicates have been removed)